What Gadget you are getting this Holiday?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading ... Loading ...

Oil is not called black gold without a reason. It is the fuel that runs this world, at least for now. In a matter of time, perhaps a few decades or more, however, this fuel source is going to run out. And then, the world will be on the look for an alternative. It so seems that the oil giant, ExxonMobil is already working on such an alternative, in collaboration with Craig Venter.


The two had entered a research alliance back in 2009. The alliance essentially hinged on the condition that if Venter’s research was able to demonstrate sufficient oil production from algae, Exxon would dedicate a whopping $600 million of investment to make this technology commercial.

It has been some two years since Venter has been working on this project. And he seems hopeful of the progress. The problem with the available strains of algae is that they can never produce sufficient oil. And so, Venter and his team are tweaking the algae, somehow trying to create an algae that contains all the desirable properties to produce oil.

According to Venter, “Algae didn’t evolve to produce tens of thousands of gallons of oil per acre. So we have to force the evolution.” The progress of the project seems good enough to prompt Venter to launch a huge-scale growing operation of the algae. This is being done on an 81-acre site which has ponds to hold up to 240,000 gallons.

However, it would seem that the relationships have somewhat soured between Exxon and Venter. Venter, meanwhile, seems very hopeful of the project and thinks that it really can create an alternative and very viable source of fuel.

Source: Forbes

Buy Cheapest Related Product From Amazon.com


Samsung Eyes 10 Million Galaxy S III Sales Target By July

Microsoft Marks Free Software Foundation (FSF) Donation Website As ‘Gambling Site’, Blocks Access
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On June 26, 2012(2 years, 2 months ago.)

Recent Products

Compare  
Buy Now | Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

The trick will let you to check your Facebook messages in the original app without downloading Messenger and it works with both iPhone or Android phone.
Want to block all disgusting ads from your android device? Read the tutorial to know how you can block ads on your Android and save data.
Want to repair your memory card? It's very easy to fix corrupted or damaged memory card. In fact you can fix it by yourself.
Are you the one who is frustrated because of the speed of your Android device? No worries, the article will help you increase the speed of that device.
Lately, Google has updated its Google Docs. Now users can crop, rotate, and add borders to images in a document without leaving Google Docs.
Adobe CS products are not free, but the good news is you can now download Photoshop CS2 & all other CS2 product completely free and it's absolutely legal.
At the beginning level, many people don't know how to use Gmail properly. For them, a here's a helpful guideline.
Skype now allows you to call directly from your Outlook account. Find the step-by-step installation process from this tutorial.
This tutorial helps you quickly resolve four of the most common problems that occur with Windows XP.
After releasing Look Back, many people didn't like it. So Facebook planned to add an Edit tool to the feature and now you can edit your Facebook Look Back video.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook